Korean startup raises $10m for 4D radar in home healthcare


Bitsensing in South Korea has raised $10m to expand its 60GHz 4D imaging radar from driverless cars to indoor health applications.


The Series A round brings the total raised so far to $21m. Among the investors are AF WPartners, ARGES Private Equity, and global Tier One automotive supplier Mando.


The company has developed radar sensing for autonomous vehicles and intelligent traffic management and now is expanding into optimizing radars for indoor usage with features for everyday wellness.


The aim is to provide sleep analysis and lifestyle recommendations to improve sleep quality and also deliver early-stage prediction of illness through the accumulated sleep data. This will be the first in the world to achieve this advancement but there are several companies looking to develop such systems.


The 60GHz radar mini-H detects presence, movement, and breathing in real-time to increase the quality of life for those who need constant monitoring. Previous automotive designs have used the 60GHz radar chips from Infineon Technologies in Germany.


“It was a natural progression to begin developing technologies for wellness applications,” said Dr. Jae-Eun Lee, CEO of Bitsensing. “Our groundbreaking radars for smart cities and now wellness showcase how we are transforming industries for a safer and smarter tomorrow. As part of our new tagline ‘Radar Reimagined,’ we are showcasing how we are accelerating the complete autonomous automotive environment and bringing smart wellness to individual lifestyles by providing sleep care services and sleep data-based illness predictions.”


Bitsensing will use the funds to advance radar solutions and services in each business area and to focus on expanding business by entering the global market. With Mando’s strategic investment and partnership, Bitsensing will bring the next-generation imaging radar solution optimized for mass production and ultimately achieve a completely autonomous environment.

 

Bitsensing is a part of our Batch 1 Smart Cities Accelerator Program in Thailand.

Interested to learn more about our Smart Cities Program? Get details now.


Click here to find the original article on eeNews Europe

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